Five East Midlands companies feature in Top 100 biggest UK firms

Five East Midlands firms are this set to be named in the 17th annual Sunday Times HSBC Top Track 100 league table ranks Britain’s 100 private companies with the biggest sales.

Worksop based value retailer Wilko is the highest ranked with sales of £1.5bn. It is joined by Swadlincote’s Bloor Holdings, Samworth Brothers of Melton Mowbray, Belper’s Bowmer & Kirkland and Retford-based Langley Holdings.

Across the whole UK the combined sales of the Top 100 business in this league are £205bn, with profits of £23.5bn and employing a total of 938,100 staff.

The highest ranking achieved by a Midlands business is Birmingham based 2 Sisters Food Group, with sales of £3.3bn. 2 Sisters, which is in the process of a significant re-structure, came in number 11 across all UK privately owned businesses, and in April 2018 it sold its Goodfella’s pizzas division to Nomad Foods for £200m.

Amanda Murphy, Head of Commercial Banking at HSBC said: ” Once again Britain’s most ambitious private enterprises have shown their mettle by shrugging off uncertainty to grow at an even faster rate than the year before. The businesses in the Top Track 100 are an inspiration to all, showing what can be achieved with entrepreneurial spirit and a determination to succeed. The 16 companies in the Midlands are the kinds of firms that provide the backbone of our economy, and we at HSBC are thrilled to see them thrive.”

Among the 16 Midlands companies who made the Top 100 list are two new entrants: Aston Martin and Pertemps Network Group. Aston Martin grew its sales by 48% in 2017 to £876m, while Birmingham based Pertemps Network Group achieved sales of £805m, an 8% increase over the year.

The Midlands is the third biggest region in the survey, behind London and then the wider south-east, as a location for successful private companies.

 

 

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